LEFT BEHIND

A political and economic plan for bringing inclusive prosperity to places suffering from poverty and despair.

As a development economist, Collier, author of The Bottom Billion, The Plundered Planet, and other notable books, attends to how countries and regions, locked in a spiral of economic decline, can reverse their fortunes. Drawing on research and his consultancy experiences, he proposes a “middle way” between a market fundamentalism, which believes that “the market knows best” and that government should “follow wherever private investment leads,” and international assistance by such entities as the World Bank, which takes a one-size-fits-all approach to development. While a thriving economy is the goal, Collier mainly focuses on the importance of governmental and grassroots leadership that can bolster locally emergent economic activity, engage in rapid learning, and foster a shared identity. “Social psychology…provides insights into how a left-behind community can catch up by forging new common purposes,” he writes. Of critical importance for governments is the capacity to tax and the presence of a security apparatus that thwarts corruption. These conditions enable growth-inducing policies that elevate peoples’ lives. The author offers a variety of examples to illustrate these ideas. Some countries and regions, such as Tanzania, Estonia, Singapore, and the Basque region of Spain, have achieved success in (re)building their economies. Others, such as Malawi, Afghanistan, South Africa, and Somalia, have faltered and continue to suffer from widespread poverty and dysfunctional governments. Throughout the book, Collier meanders from example to example, staying only just long enough to make a point, and from idea to idea, never fully coalescing the argument. Surprisingly, given his academic discipline, the author avoids delving into alternative approaches to economic development—although he devotes a chapter to the perils of relying on natural resources.

Hopeful advice for overcoming the uneven development endemic to capitalism and the governments in thrall to it.